The Cabs
Though known for its free market, many markets in Hong Kong are actually heavily regulated. One of these markets is the taxi market. There are three different markets, distinguished by the cab’s color scheme. Blue for Lantau, Green for the New Territories and Red for Hong Kong and Kowloon. Although all taxis can go to and from the Airport, only the red Taxis are allowed to freely drive around Hong Kong. The Lantau and New Teritorries taxis must stay within their districts.
Fares are legally fixed and vary between the different colors, with the red cabs being the most expensive. Continue reading →